Home > Legislation > 115th Congress > H.R.5067

H.R.5067 - DEMAND Act of 2018115th Congress (2017-2018)

Bill

Hide Overview
Sponsor: Rep. LaMalfa, Doug [R-CA-1] (Introduced 02/16/2018)
Committees: House - Ways and Means
Latest Action: House - 02/16/2018 Referred to the House Committee on Ways and Means.  (All Actions)

Tracker:

This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced

More on This Bill

  • Constitutional Authority Statement
  • CBO Cost Estimates [0]

Subject — Policy Area:

Summary: H.R.5067 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5067. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/16/2018)

Donate Extra Money Against National Debt Act of 2018 or the DEMAND Act of 2018

This bill amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt.  Each donation must be designated on a taxpayer's income tax return at the time such return is filed.